AURORA HUMANITARIAN INITIATIVE FOUNDATION INC

EIN: 364808338 501(c)(3) Arts, Culture & Humanities

CAMBRIDGE, MA

Total Revenue
$4,095,370
Total Expenses
$1,908,981
Total Assets
$5,264,775
Net Assets
$4,743,412
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2015
Legal Domicile
DE
Tax Period
2023-01-01 to 2023-12-31

AURORA HUMANITARIAN INITIATIVE FOUNDATION INC, founded in 2015, is a community nonprofit in the Arts, Culture & Humanities sector that reported $4.1M in total revenue in fiscal year 2023. Revenue fell 33% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $2.2M, a strong 53% operating margin.

Mission

To support people and promote global projects tackling the needs of the most helpless and destitute Aurora is rooted in the events of the Armenian Genocide one hundred years ago and the enhancement of its position in the world's memory. We will uncover and tell stories of survival and humanity that transpired during the Genocide. In addition, the goal of the Organization is to generate global and local conversations about gratitude; about survivors and saviors from any time and from any place around the world; and about "on the ground" humanitarian projects that make a lasting difference.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $4,095,370
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $4,095,370

Expense Breakdown

Grants Paid $1,052,000
Salaries & Benefits $204,247
Fundraising Expenses $362,174
Program Expenses $1,259,185
Other Expenses $290,560
TOTAL EXPENSES $1,908,981

Year-over-Year Comparison

2023 2022 Change
Revenue $4,095,370 $6,081,950 -0.3%
Expenses $1,908,981 $3,722,919 -0.5%
Net Income $2,186,389 $2,359,031 -0.1%
Key Indicators
✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Governance

Voting Members
3
Independent Members
3
Employees
3
Volunteers
10

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
⚠ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$160,275
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
N/A Board Chair/Secretary 2.0
Officer Director
$0 $0 $0
N/A Director 1.0
Director
$0 $0 $0
N/A Director 1.0
Director
$0 $0 $0
N/A Chief Executive Officer/President 2.0
Officer
$0 $0 $0
N/A EXECUTIVE DIRECTOR (AS OF 05/23) 40.0
Officer
$126,913 $0 $126,913
N/A Chief Financial Officer/Treasurer 4.0
Officer
$33,362 $0 $33,362
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $4,095,370 $1,908,981 $5,264,775 $2,186,389
2023 $4,095,370 $1,908,981 $5,264,775 $2,186,389
2022 $6,081,950 $3,722,919 $3,606,351 $2,359,031
2021 $1,764,400 $2,550,742 $1,150,777 $-786,342
2020 $4,088,947 $3,261,260 $2,009,308 $827,687
2019 $1,301,256 $1,407,010 $294,695 $-105,754
2018 $1,072,025 $1,222,084 $394,215 $-150,059
2018 $1,068,631 $1,121,648 $389,030 $-53,017
2017 $1,319,280 $1,351,761 $432,064 $-32,481
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